Inephany has secured $2.2 million in pre-seed funding to develop an innovative AI optimisation platform aimed at revolutionising neural network training efficiency.

Information on the Target

Inephany, a London-based AI optimisation startup founded in July 2024, has successfully closed a $2.2 million pre-seed funding round. The financing will facilitate the development of its groundbreaking AI-powered optimisation platform, which aims to transform the training and fine-tuning of neural networks, including Large Language Models (LLMs). The funding round was led by Amadeus Capital Partners with participation from AI-focused venture capital firm Sure Valley Ventures and Professor Steve Young, a prominent figure in the field of AI, who will serve as both an angel investor and chair of the company.

The inception of Inephany was driven by experts in neural network optimisation, specifically its founders Dr. John Torr, formerly part of Apple’s Siri machine learning team, Hami Bahraynian, and Maurice von Sturm, both of whom previously co-founded conversational AI startup Wluper. The company is poised to use this capital to expand its engineering team, enhance its optimisation platform, and secure its initial enterprise customers.

Industry Overview in the Target’s Specific Country

The generative AI sector in the UK is witnessing rapid growth as generative models become integral to various applications across industries. The UK is home to some of the world’s leading AI research institutions and tech companies th